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$434,033

400 Lexington, Elgin, TX, 78621

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,753 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$70.83 / sqft
Year BuiltBuilt in 1974

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 3Bathrooms 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesOven, Dishwasher, Disposal, Microwave
FlooringCarpet, Concrete, Laminate

Exterior

Private PoolPrivate Pool
Exterior FeaturesPrivate Yard
Lot Size39,596 sqft

Building Information

Year Built1983
Stories1
Roof Type105
Garage Spaces4

Land Information

APNR11250
Lot Number1
SubdivisionS6020 - Garrett
Land UseResidential
Legal DescriptionGARRETT BLK B LOT 1
Census Tract950201
Assessed Land Value$156,818
Assessed Improvement Value$277,215
Assessment Year2025

About this property

Large home on .91 of an acre, Lots of space and lots of storage. Home has 3 big bedrooms, 3 full baths, 2 living rooms, wood burning fireplace. Kitchen has granite countertops, gas stove. Great view to large backyard with big pecan trees and fig tree. Large 2 car garage, home sits on a corner lot just off of main street.Restrictions: Yes

Investor Tools

Property Icon
$434,033
Estimated Property Value
$0Estimated Mortgage Balance
$322,176Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,604 /month
Positive
Cash Flow Estimate:
$868 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$903/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,666
$434,033
2025
$156,818
$277,215
$434,033
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,666
$434,033

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Primelending
Conventional
$145,600
No
First
Aug 3, 2015
Sep 2045

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$111,857
$322,176
74%
26%
$0/mo

Learn About the Market: Opportunity in Texas

Local Market Pages
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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Elgin

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400 Lexington | Property Details | No Agent List